Celanese Corp (NYSE:CE) has a beta value of 1.18 and has seen 2.28 million shares traded in the last trading session. The company, currently valued at $4.39B, closed the last trade at $39.31 per share which meant it lost -$0.78 on the day or -1.95% during that session. The CE stock price is -331.16% off its 52-week high price of $169.49 and 7.68% above the 52-week low of $36.29. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.04 million shares traded. The 3-month trading volume is 3.80 million shares.
The consensus among analysts is that Celanese Corp (CE) is Buy stock at the moment, with a recommendation rating of 2.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 13 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.39.
Celanese Corp (NYSE:CE) trade information
Sporting -1.95% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CE stock price touched $39.31 or saw a rise of 2.17%. Year-to-date, Celanese Corp shares have moved -43.20%, while the 5-day performance has seen it change 2.42%. Over the past 30 days, the shares of Celanese Corp (NYSE:CE) have changed -30.82%. Short interest in the company has seen 7.22 million shares shorted with days to cover at 1.61.
Wall Street analysts have a consensus price target for the stock at $76, which means that the shares’ value could jump 48.28% from current levels. The projected low price target is $45.0 while the price target rests at a high of $110.0. In that case, then, we find that the current price level is -179.83% off the targeted high while a plunge would see the stock gain -14.47% from current levels.
Celanese Corp (CE) estimates and forecasts
The company’s shares have lost -70.88% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -5.40%.
12 analysts offering their estimates for the company have set an average revenue estimate of 2.26B for the current quarter. 13 have an estimated revenue figure of 2.46B for the next ending quarter. Year-ago sales stood 2.61B and 2.65B respectively for this quarter and the next, and analysts expect sales will shrink by -13.30% for the current quarter and -5.40% for the next.
Earnings growth for 2025 is a modest -38.05% while over the next 5 years, the company’s earnings are expected to increase by 3.32%.
CE Dividends
Celanese Corp is expected to release its next earnings report on 2025-Feb-17 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.13 at a share yield of 5.42%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.28%.
Celanese Corp (NYSE:CE)’s Major holders
Insiders own 0.39% of the company shares, while shares held by institutions stand at 104.82% with a share float percentage of 105.23%. Investors are also buoyed by the number of investors in a company, with Celanese Corp having a total of 798.0 institutions that hold shares in the company. The top two institutional holders are CAPITAL RESEARCH GLOBAL INVESTORS with over 15.29 million shares worth more than $2.06 billion. As of 2024-06-30, CAPITAL RESEARCH GLOBAL INVESTORS held 13.991% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 13.01 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.76 billion and represent 11.9057% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox Funds-Dodge & Cox Stock Fund and iShares Trust-iShares Core S&P Small-Cap ETF . As of Dec 31, 2024 , the former fund manager holds about 7.87% shares in the company for having 8.8 shares of worth $345.85 million while later fund manager owns 6.76 shares of worth $265.72 million as of Mar 31, 2025 , which makes it owner of about 6.05% of company’s outstanding stock.
